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				<p class="content-title">SOURCES OF FUNDS</p>
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					Different countries use a mix of public and private sources to pay for health care, but to varying degrees (Figure 6). Due to the effects of health system reforms and 
					expansions of public coverage in OECD countries, the average public share of their total health spending was at 72.2% compared to the 46.6% average for APAC countries 
					in 2010. Out-of-pocket payments is another major source of financing for health care and forms the greater part of private funding, followed by private prepaid and risk 
					pooling plans/insurance.
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				<img class="picture" src="../../img/health-care-industry-financing-and-economics/FIG6.png" width="500px" height="300px"></img>
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					Figure 6 – Public and Private expenditure on health as % of Total Health Expenditure, 2010
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					Many countries have experienced major expansions in the size of their health sectors, as measured by the share of Gross Domestic Product (GDP) spent on health care. This is because over the past ten years, health spending growth has exceeded economic growth resulting in an increased share of the economy devoted to health in most countries. In the United States, the share of GDP allocated to health care has skyrocketed from 7.1% in 1970 to 17.7% in 2010 (Figure 2).
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				<img class="picture" src="../../img/health-care-industry-financing-and-economics/FIG7.png" width="500px" height="300px"></img>
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					Figure 7 – Health care flow of funds, circa 1900
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					Health care has become a trillion-dollar business in the U.S. over the past decades. This significant growth is due in part to the shift from out-of-pocket payments 
					to third-party financing, such as private insurance companies and government. Before the development of medical expense insurance, patients were expected to pay for 
					their health care costs out of their own pockets. Health care assistance for the poor was also administered more as a welfare program than as part of a national system 
					of financing health insurance and medical care (Figure 7).
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				<img class="picture" src="../../img/health-care-industry-financing-and-economics/FIG8.png" width="500px" height="300px"></img>
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					Figure 8 – Health care flow of funds, circa 2007
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